Tall Pines Stock Short Sales
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Matt short sold 500 shares of Tall Pines stock at $19 a share at an initial margin of 65 percent. The maintenance margin is 35 percent. What is the highest the stock price can go before he receives a margin call?
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Solution Summary
The solution determines what price would Matt receive a margin call.
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We have,
Shares sold=500
Selling price per share=$19
Value of the stock=$9,500
Initial margin ...
Education
- MBA, Indian Institute of Finance
- Bsc, Madras University
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